JEL Code Q: Agricultural and Natural Resources Economics - 1999

Title Author Date Source Abstract
Marco Conceptual Para Regular Sustancias Tóxicas en Chile. O’Ryan, R. y A. Ulloa. 1999 Serie Economía N° 51. Departamento de Ingeniería Industrial, Universidad de Chile, Marzo.
Uso del Análisis Probabilístico para Mejorar la Toma de Decisiones en Regulación Ambiental: La Regulación de Arsénico en Chile. O’Ryan, R. y M. Díaz. 1999 Serie Economía N° 50. Departamento de Ingeniería Industrial, Universidad de Chile, Marzo.
Copper and the Chilean Economy, 1960 - 98. Spilimbergo, A. Abril 1999 Working Paper No 57. International Monetary Fund.

The paper concludes that world copper prices play an important role in short-term fluctuations and probably influence long-term growth of the Chilean economy. While many mechanisms may be at work, investment seems to play a major role. In a copper price boom, the higher copper price and associated capital inflows create upward pressure on the real exchange rate. The appreciation of the Chilean peso during the first part of the copper cycle contributes to lower inflation, which could partly explain why real wages grow more rapidly in this part of the cycle.